Friday, August 10, 2007
Perspective on electricity rates
USA Today, America's comic-book newspaper, published this report looking at electricity prices in "de-regulated" states compared to "regulated" states. While CT is clearly near the top of the stack (2006 figures), it is not the highest in rates or percentage increase -- a claim I have heard frequently. USA doesn't mention whether taxes or rapayer-funded programs are included in these figures.
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5 comments:
The most important thing we can do this coming year is educate ourselves on the UI disastrous rate hike. In reading scores of news stories and blogs there appears to be a lot of disappointment with the way CT's Citizens are treated these days. Lets face it, you, me, and everyone alike, has been (and continues to be) an awesome opportunity for big business to procure revenue on behalf of themselves and investors. In some cases we are the investors reaping the rewards of the misery big business pushes on others. A case in point is the staggering profits of Exxon Mobil and I assure you as I was cursing the Gas pump there were countless others who invested in Exxon that got their Gas money back in spades.
Unfortunately I do not believe UIL stock is going to show the same level of gratitude I would suggest that anybody and everybody who own UIL stock sell every penny of it and inform their friends and relatives to do the same. This is the best message we can send.
I believe that this rate increase is not because of anything, other than, recouping lost profit from an 18 Million dollar loss on UI's Xelcom nightmare, and pressure to get the "Filthy Five" back in business burning natural Gas. Gas delivered from a horrific LNG nightmare off the coast of West Haven.
Every one knows that gas burns cleaner hence resolving the coal burning pollution trouble of UI's "Filthy Five" problem. The massive rate hikes quite coincidentally erase their irresponsible losses on the Xelcom fiasco too perfectly.
The old CEO left pretty much in a hurry and the new guy Mr. Torgensen does not give a hoot about us the consumers. UI has offered nothing to the poorest of the poor so far. At the moment His entire day appears to be consumed battling politicians, arbitrating down UI's employees, and counting wall street profit. The only time we, the CT consumer, are ever thought of is when we fail to afford our electric and the power is shut off.
As a small business owner I just opened a little company called the ComputerFox right here in Milford Ct on New Haven ave. and I cannot tell you how every penny counts in starting a business. Up front losses are expected but thanks to UI's 50% rate hike for commercial locations I am quite certain that that my growth plans are being impacted.
The consensus of many of my colleagues at the chamber of commerce is that business is becoming more and more challenging in CT. I can only hope that some one sees that the aggregate carelessness of utilities, taxation, insurance, and services directly impact the already micro-wage economy that we have built.
The problem goes full circle in that the same underpaid people just return to your business and force small business to either collect less or nothing. Blumenthal is correct in calling UI'S rate hike a "Tsunami" I see it more as the "final nail in the coffin" of New Haven as well as the modern harbinger furthering the spread of poverty. It would appear that the BIC corporation closed its plant just in time. I fear Sikorski will move out of state next taking Dictaphone with it. This newspaper, I believe, will also be impacted as many small businesses who advertise in it will have to chose between fewer ads or power.
The only good news I see in the distant future is that Deregulation may be accelerated and new companies will be offering competitive rates now that CT has the highest Electric rates in all of America, however Gov. Rell says that she sees no short term solution in sight due to UI's contract obligations.The Department of Utility Control may end up being CT worst nightmare, especially if they discourage competition in our local power market. For now we may all have to buy more efficient light bulbs and use less power. Keep CT in your prayers.
Rocco J. Frank
ComputerFox
www.computerfox.com
Alittle more about me. As I am also a candidate for State Representative in 2008.
About My Candidacy
This short Bio is an introduction of who I am as a candidate. While many candidates are heavily branded, few people really know their elected leaders and officials personally. To start, I will take no exception to the fact that my opponent is a formidable candidate. As I understand it, last election he ran unopposed. This seemed quite undemocratic to me. I believe that the people of Milford and our district deserve a choice when it comes to their elected leaders. I believe in an American Republic where its leaders are democratically elected and you have a choice.
Although my political activity has been relatively dormant over the last decade or so, I am no stranger to politics. Currently, I am a small business owner here in Milford, CT. My company is called the ComputerFox and like many people here in Milford I provide a trade to the community of which supports my family, and my employees families.
My two children are currently both in Middle School. My eldest step-daughter is just starting off her career as a teacher, and my youngest step-daughter will soon be off to High School. I have a total of four children three girls and one boy. I have two wonderful children from my first marriage and I have two fantastic children with my current partner, who has dedicated her life to her family as a homemaker and a mother.
My father, Rocco J. Frank, Sr., is a Doctor of Veterinary Medicine, who has lived and practiced in CT almost his entire career. My parents have, for over 2 decades, and still currently own and operate the Westport Animal Hospital. I have two brothers, one of which is also a veterinarian, one sister, and a very large extended family.
Together we have lived in several CT towns, including Westport, Southport, and Milford, and I personally have lived in Hamden, & Berlin. I own ComputerFox stores in Milford, Norwalk, & Fairfield. My Fraternal lodge is in Stratford. With this said, I am no stranger to the local communities, people and politics of many Southern CT Municipalities.
Over the last five years I have also been active in several CT Masonic lodges in key leadership positions and have also been a member of the Milford Chamber of Commerce, the Fairfield Kiwanis Club and the Better Business Bureau. I am a past member of the International Narcotics Enforcement Officers Association as well a former Per Diem contractor for the state of CT as a Special Deputy Sheriff appointed by the then Elected High Sheriff Ed Mak.
My education and training are all local to the state of Connecticut, as I am a graduate of Fairfield University in Fairfield, CT, and have attended the CT School of Electronics in West Haven, CT. My major in college was Political Science, and at CSE I studied Electronics. Currently I use my CSE post-graduation education in conjunction with my present career as the CEO of ComputerFox Stores.
My past political experiences are mostly in Republican politics, and over the last several years have been increasingly focused on what is best for our American Republic. I believe in ideas that preserve our individual freedom and pursuit of happiness and adamantly oppose a strong central government. My political beliefs do not limit me to a Republican party or Democratic party paradigm, but rather to the bigger ideal of what is American and Un-American, and what is American to me is this great republic's Bill of Rights and the U.S. Constitution, both of which I vigorously defend.
In the past I have had many strong ties to the Republican party. I have served on, and in, many local political youth organizations and have taken part in Republican Presidential and Gubernatorial campaigns. Today I view politics with far greater skepticism and suspicion than many years ago. My party affiliation is Independent as my ambitions for CT are aimed at prosperity and a future where economic opportunity and affordability exists for all who are willing to embrace it.
My colleagues and I invite you to continue through our website. Please E-Mail me or comment on the issues that face you and your family. I invite you to stop into our headquarters to sign our petitions or to volunteer to make a change. For this reason my campaign has adopted the phrase “E Pluribus Unum” or “Out of Many come One.” … and all are welcome.
Campaign website is rfrank118.com.
Earth’s matter(s) – FYI everyone,
Sde Boker makes solar energy viable:
http://www.haaretz.com/hasen/spages/890970.html
Cooking Up More Uses for the Leftovers of Biofuel Production:
http://www.nytimes.com/2007/08/08/business/08biodiesel.html
Energy search goes underground:
http://news.yahoo.com/s/ap/20070804/ap_on_sc/drilling_for_heat;_ylt=AologUpUMOqjQE7Tco_Qd.us0NUE
Respectfully,
Bo ItsHaky
Listen Folks No One is mentioning Peak Energy! Take a look this is what is going on with Energy pices and consumption.
http://www.rfrank118.com/VideoS2.htm
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